Spotify Celebrates Unprecedented Growth and First Full Year of Profitability
Spotify has reported a remarkable addition of 35 million monthly active users (MAUs) in the fourth quarter, marking the largest Q4 net addition in the company’s history. This achievement exceeded…
Judge Blocks Apple’s Bid to Delay Google Antitrust Case
The legal battle over Google’s alleged monopoly in web search services intensifies as a judge blocks Apple‘s attempt to delay the next phase of the antitrust lawsuit. The Department of…
OpenAI Expands Global Reach with Strategic Partnerships in Korea and Japan
OpenAI has announced a significant partnership with Kakao, a leading South Korean tech company, aiming to integrate its advanced artificial intelligence (AI) technology into KakaoTalk, a popular messaging platform. This…
Grubhub Data Breach Exposes Customer and Driver Information
Grubhub, a leading U.S. food delivery service, has disclosed a data breach impacting the personal information of an undisclosed number of its customers, merchants, and drivers. The breach, which was…
Waabi and Volvo Forge Alliance to Revolutionize Autonomous Trucking
Waabi, a promising self-driving truck startup, has announced a strategic partnership with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks. This collaboration marks a significant milestone for Waabi,…
Fox Ventures Into Streaming with ESPN “Flagship” Launch
Fox Corp is set to make a significant leap into the direct-to-consumer streaming sector with plans to launch an all-inclusive ESPN service, unofficially named “Flagship,” in August. This move marks…
Shein Makes a Fashionable Comeback in India with Strategic Reliance Retail Partnership
Shein, the Chinese fashion behemoth, has re-entered the Indian market after a five-year hiatus. The company was previously banned by Delhi due to data security concerns amidst geopolitical tensions. With…
Musk’s Team Granted Access to Critical Federal Payment Systems
The Trump administration’s recent decision to grant access to the federal payments system to deputies of billionaire Elon Musk has stirred significant controversy and concern. This system, which manages the…
Trump Pauses Trade Measures for Canada and Mexico
In a significant development in U.S.-Canada trade relations, President Donald Trump announced a pause on planned tariffs for imports from Canada and Mexico for at least 30 days. This decision…
Samsung’s Jay Y. Lee Cleared of Charges in High-Profile Merger Case
In a landmark ruling, a Seoul appeals court has upheld the acquittal of Samsung Electronics Executive Chairman Jay Y. Lee in a case involving accounting fraud and stock manipulation related…
Riot Secures $30 Million to Enhance Employee Cybersecurity Solutions
French startup Riot has successfully raised $30 million in a Series B funding round, signaling its commitment to transforming the landscape of employee cybersecurity. This funding will allow the company…
Trump Explores Sovereign Wealth Fund to Facilitate TikTok Purchase
President Donald Trump is currently engaged in discussions with multiple stakeholders interested in acquiring TikTok, the popular social media platform facing scrutiny in the United States. Microsoft has emerged as…
DeepSeek Faces Global Bans Amid Security Concerns
DeepSeek, a rapidly growing AI company known for its chatbot applications and viral models, is facing increasing scrutiny and outright bans from a wide range of countries and government bodies.…
Meta Launches New AI Risk Framework to Enhance Safety
Meta Platforms, Inc. has announced a significant shift in its artificial intelligence (AI) development strategy, identifying two categories of AI systems deemed too risky for public release. These categories, classified…
Asya Bradley Joins Stripe as Head of Startup and VC Partnerships
Asya Bradley has been appointed as the new head of Startup & Venture Capital Partnerships at Stripe, the prominent financial technology company. Her extensive background as a fintech founder and…
Ontario Suspends $68M Starlink Contract as US-Canada Tensions Escalate
In a dramatic turn of events, Ontario’s Premier Doug Ford announced the province would “rip up” its $68 million contract with Elon Musk’s Starlink satellite internet service. This decision stemmed…
Adam Candeub Set to Join FCC as General Counsel Amid Ongoing Debates on Big Tech Regulation
Adam Candeub, a prominent critic of Big Tech and advocate for regulatory reform, is poised to join the Federal Communications Commission (FCC) as its general counsel. His appointment, confirmed by…
Microsoft Secures Long-Term Carbon Credit Agreement with Chestnut Carbon
Microsoft has committed to purchasing over 7 million tons of carbon credits from Chestnut Carbon, detailing a 25-year partnership aimed at supporting reforestation efforts across 60,000 acres in Arkansas, Louisiana,…
Amazon Music Unlimited Subscription Fees Increase
Amazon has announced an increase in the subscription fees for its Amazon Music Unlimited service. The price for the Individual plan available to Prime members will rise from $9.99 to…
Meta Reports No Impact on Ad Revenue Following Fact-Checking Removal
Meta has announced that its decision to discontinue its fact-checking program has not affected advertiser spending. During the Q4 2024 earnings call, Meta’s CFO, Susan Li, reassured investors of strong…